Franklin Senior Loan ETF (BATS:FLBL) Stock Short Interest Drops 51.1%

Franklin Senior Loan ETF (BATS:FLBL) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 191,806 shares, a decline of 51.1% from the August 31st total of 392,251 shares. Based on an average daily volume of 331,263 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of Franklin Senior Loan ETF

A number of hedge funds have recently modified their holdings of FLBL. Integrated Wealth Concepts LLC acquired a new stake in shares of Franklin Senior Loan ETF during the second quarter worth about $4,314,000. DORVAL Corp grew its holdings in Franklin Senior Loan ETF by 2.3% during the second quarter. DORVAL Corp now owns 346,058 shares of the company’s stock worth $7,932,000 after purchasing an additional 7,830 shares during the period. Keeler Thomas Management LLC acquired a new position in shares of Franklin Senior Loan ETF during the 2nd quarter worth approximately $220,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of Franklin Senior Loan ETF by 10.0% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 19,028 shares of the company’s stock worth $436,000 after buying an additional 1,726 shares during the period. Finally, Focus Financial Network Inc. boosted its holdings in shares of Franklin Senior Loan ETF by 4.1% during the second quarter. Focus Financial Network Inc. now owns 42,219 shares of the company’s stock worth $968,000 after acquiring an additional 1,682 shares during the period.

Franklin Senior Loan ETF Trading Down 0.2%

Shares of BATS FLBL opened at $22.97 on Tuesday. Franklin Senior Loan ETF has a 12-month low of $22.57 and a 12-month high of $24.07. The firm’s 50-day simple moving average is $23.05 and its 200 day simple moving average is $22.99.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.